GG want's more public money to go after crypto

[HAL1000]

$2.436 billion, how can an agency this corrupt still want more money!

Surely THEY ALL made enough longing ETH with leverage!

Especially after so many of them knew in advance via the Bill Hinman draft emails that went around the SEC staff!

Or maybe THEY are all honest and none of THEM would do such a thing!

Grow up people, this agency is a cesspool of corruption and THEY do this type of stuff all the time....

Their buddies on Wall ST already know how much the fines will be, before they even commit the crimes, it's pre-factored into their profit forecasts.

From Madoff, to SBF, this agency buddies up to criminals and can't see what is right under their noses, because it chooses not to. It's never been about investor protection, it's about THEM, protecting THEMSELVES, from US.

It's all part of the revolving door policy.

The SEC - a Jeremy Hogan inspired cut away scene, is required

 

Edited March 14 by HAL1000

[Davy95]

Hi Hal, how are you doing?

I don't think everyone is corrupt, I believe there's a reason all these people and corrupt businesses are getting caught. I also always think about what the SEC has publicly stated through their people. Even though they sued Ripple... There still hasn't been a ruling after all this time, and what they've said is more condemning to the Ethereum folks than Ripple which never held an ICO and has been very precautious about their public declarations and how they handled xrp.

Maybe this lawsuit was planned this way to benefit Ripple in the end, who knows?

Kind Regards,

Davy

[PappyVanRipple]

Interlopers. It’s just the U.S.A. , which in reality may have a larger stick, but that tool is currently welded to the side of their head. They haven’t even spent their COVID money, not concerned and the overreach will soon be dealt with as I understand.

[HAL1000]

18 minutes ago, Davy95 said:

Hi Hal, how are you doing?

I don't think everyone is corrupt, I believe there's a reason all these people and corrupt businesses are getting caught. I also always think about what the SEC has publicly stated through their people. Even though they sued Ripple... There still hasn't been a ruling after all this time, and what they've said is more condemning to the Ethereum folks than Ripple which never held an ICO and has been very precautious about their public declarations and how they handled xrp.

Maybe this lawsuit was planned this way to benefit Ripple in the end, who knows?

Kind Regards,

Davy

THEY, THEM, THE MAN....

POWER CURRUPTS, ABSOLUTE POWER CURRUPTS ABSOLUTELY - THAT IS THE POINT.

THESE PEOPLE ARE PLAYING A BIG CURRUPT GAME WITH ALL OF US.

Edited March 14 by HAL1000

[69GTOjudge]

Ok Gary I'm convinced. I'm going to cash out my XRP and deposit all of my money into a regional Silicon Valley bank.

[HAL1000]

Didn't see that coming, oh look at the post's above, the consolidation of power into the hands of the few, continues....

No corruption or collusion involved, it's all just random chance!

[Montoya]

The US banking system is so corrupt and centralized precisely because of regulation, not the lack of it. It hides risk, rather than getting rid of it. This leads to overconfidence and over speculation (And why not? After all, Uncle Same assured me it is perfectly safe, just like those sub-prime mortgages in 2008). When a collapse inevitably does come, from some source that regulators can't see coming, the banks beg for a bailout, and government obliges since they essentially control the market and created the systemic risk through massive regulation-induced centralization. This is what they call a moral hazard. No amount of regulation can get rid of it. Failure and loss is the only way people learn and adjust behavior. This is why, arguably, crypto represents a far more transparent and robust market than most highly regulated ones. There is no illusion of safety and less centralization. When failures do occur they are not systemic.

[Gringo]

This is just a war between the USD and Crypto. So all state agencies from the US might be used as a tool on that war. Unfortunately Ripple is a US company and is caught in the middle of two sides.

Edited March 14 by Gringo

[HAL1000]